Mexican peso’s skid seen as sign of worry that U.S. faces slump
Posted: November 13, 2012 at 3:07 a.m.
An employee at a currency exchange in Mexico City counts 20 peso notes in June. The peso’s value has dropped recently because demand from the United States has fallen.
Mexico’s peso has turned from the world’s strongest major currency into the weakest of the past month amid growing investor concerns that the economy will slow as demand diminishes from its biggest trading partner, the United States.
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Business, Pages 21 on 11/13/2012
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